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Harris Williams recently advised Tailwind Capital (Tailwind) on its acquisition of Ventiv Technology Inc. (Ventiv), a portfolio company of STG Partners. Tailwind’s acquisition of Ventiv, a leading provider of integrated risk and claims management solutions, highlights continued investor interest in the broader governance, risk and compliance (GRC) sector, which is benefitting from attractive industry fundamentals.

Within the corporate enterprise, GRC functions have recently witnessed significant change. There has been a rapid evolution towards more cohesive and organized approaches to managing corporate risks through integrated platforms like Ventiv, particularly within larger self-insured organizations.

Today, companies are seeking to centralize and automate risk identification, measurement, remediation and claims processes across increasingly complex and global organizational footprints. Risk and insurance technology solutions like Ventiv are at the forefront of addressing these evolving needs.

With accelerating demand for single-source integrated risk management solutions, vendors are aggressively seeking to expand their core capabilities across use cases, resulting in significant acquisition activity across the sector. And with the risk and insurance technology markets remaining highly fragmented, Harris Williams believes the space is ideally suited for investment in market leading vendors of scale like Ventiv that can serve as platforms for integrated risk management solutions.